Announcement

Collapse
No announcement yet.

Armenian Economy Needs Innovations

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenian Economy Needs Innovations

    ARMENIAN ECONOMY NEEDS INNOVATIONS

    A1+
    [04:41 pm] 09 November, 2006

    "The number of saunas and night clubs is increasing in Armenia day by
    day. They only enhance the sex industry," announced Edward Aghajanov
    in the club "Pastark" today.

    He claims that the economy of the country can only develop due to
    innovations-due to the shift to knowledge-based economy.

    "The 2003 - 2007 project of the RA Government touched upon the
    idea of establishing innovative economy in Armenia but it hasn't
    been implemented so far. Armenia cannot develop all the branches of
    science at the same time.

    We must develop at least a few branches - informational, hi-tech,
    medical, biological, etc," noted Mr. Aghajanov.

    Mr. Aghajanov confesses that he has already got tired of referring
    to the innovative economy. But he becomes indignant at the fact that
    the government decided to allocate only one percent of the 2008 State
    budget to the science. "The country that evades feeding its scientific
    field will have to feed the science of foreign countries."

    Science is the most expensive pleasure all over the world which it
    requires great investments. You cannot promote the country's future
    well-being by exporting tomato paste or rice.

    While speaking of the investment field of Armenia, Mr. Aghajanov
    qualified it as unattractive.

    "Investors need super-privileged conditions as "there will be no
    gain without pain." Armenia can suggest the investors nothing but
    poor poverty index and lack of communication systems.
Working...
X